Just had a cocktail from the back seat of the limo. They'll ask me afterwards, "How do you feel?" And I'll say, "Man, it was great catching that initial CL break." BBL Last one was in at 99.44 and out at 99.64. Now it will go to 101.
Here you go. Looks like it's ready for another break. Patience, patience, patience. Bad exit. No reason to get out there. Once it held R1 support at 99.50 it was going up. But who needs an extra $300?
Stop at .07 to get long 12 tick stop target 100-ish (Tempted to get long here at a better price, but trading via satellite with some nasty ping, so, I'd rather make sure all my orders are in the exchange) :10 in at .09 and stop already at be, what a stop run! (I'd like to use this opportunity to say how much I love Nodoji - in a totally oily, non-romantic way, indeed! ) :13 oh, oh, very close to stopping out at be (stop at .10 to be exact) Tempted to trail the stop before when it approached the 15' 20 EMA at .40, but I'm a Latin, so this is either going to be a 2-pointer or my 96th BE (said he before exiting at +13 ticks sobbing - j/k still in the trade) :17 Incidentally and just to take away my anxiety while I sit on my hands with a full 25 ticks in open profit (OMG!), I think I'm making a huge contribution to the eradication of Malaria with my finely honed mosquito-crashing skills :19 If I'd had the margin, I'd introduce an order to add at .70, but right now without intraday margin I can only trade one car
BBC 28 February 2011 Last updated at 03:45 ET Oil price rises again on Saudi Arabia unrest fears Markets are beginning to fret that King Abdullah of Saudi Arabia may be the next to face protests
:24 Arrrrgh! what was that? a 30 tick drop in one minute! (ok, I'm a bit jumpy - and sorry for the long and winding posts, but hey, cut me some slack, I'm suffering here ) I just realized a minute ago that I hadn't updated my stop in IB's TWS (impossible to trade via Ninja from here)... now I' good - apart from the shaking hand... oh ffff... it's going down again (that's what it does, right?)
:38 damn, stop triggered at .10 and filled at .00!!! -95 USD (96th BE) on a trade that was 39 ticks in the money, ouch this one has hurt a bit.
Picaso, Dont you think that maybe a trailing stop can get you more winning trades? Lets say 10 ticks after you are 20 in the black. No one can go broke by taking profits (even small ones, as long that they are in total greater than your total losses)